Tudor Investment Corp ET AL Decreases Stock Position in Lsb Industries Inc. $LXU

Tudor Investment Corp ET AL trimmed its holdings in Lsb Industries Inc. (NYSE:LXU) by 51.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 50,295 shares of the conglomerate’s stock after selling 52,909 shares during the period. Tudor Investment Corp ET AL owned 0.07% of Lsb Industries worth $396,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Russell Investments Group Ltd. increased its holdings in Lsb Industries by 2,900.0% in the 3rd quarter. Russell Investments Group Ltd. now owns 4,500 shares of the conglomerate’s stock valued at $35,000 after purchasing an additional 4,350 shares in the last quarter. Aquatic Capital Management LLC acquired a new stake in Lsb Industries during the third quarter valued at approximately $42,000. Tower Research Capital LLC TRC boosted its holdings in Lsb Industries by 90.3% in the second quarter. Tower Research Capital LLC TRC now owns 6,019 shares of the conglomerate’s stock worth $47,000 after purchasing an additional 2,856 shares during the period. Quarry LP acquired a new position in Lsb Industries during the 3rd quarter worth $94,000. Finally, Orion Porfolio Solutions LLC increased its stake in Lsb Industries by 21.0% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 12,354 shares of the conglomerate’s stock valued at $97,000 after buying an additional 2,148 shares during the period. 73.67% of the stock is currently owned by hedge funds and other institutional investors.

Lsb Industries Stock Up 0.4%

NYSE LXU opened at $14.97 on Thursday. The company has a current ratio of 2.78, a quick ratio of 2.61 and a debt-to-equity ratio of 0.85. The company has a market cap of $1.08 billion, a price-to-earnings ratio of 44.02 and a beta of 0.47. The company has a 50 day moving average of $11.97 and a 200-day moving average of $9.91. Lsb Industries Inc. has a 1-year low of $4.88 and a 1-year high of $17.22.

Lsb Industries (NYSE:LXU) last posted its quarterly earnings data on Wednesday, February 25th. The conglomerate reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.04. The firm had revenue of $165.05 million for the quarter, compared to analyst estimates of $153.88 million. Lsb Industries had a return on equity of 4.90% and a net margin of 4.00%. On average, equities research analysts expect that Lsb Industries Inc. will post -0.18 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

LXU has been the subject of several recent analyst reports. Weiss Ratings raised shares of Lsb Industries from a “sell (d-)” rating to a “hold (c-)” rating in a report on Monday, March 2nd. Zacks Research lowered Lsb Industries from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 2nd. Wall Street Zen raised shares of Lsb Industries from a “hold” rating to a “buy” rating in a report on Sunday. Jefferies Financial Group increased their target price on Lsb Industries from $11.00 to $15.00 and gave the company a “hold” rating in a research note on Thursday, March 12th. Finally, Royal Bank Of Canada upped their price objective on Lsb Industries from $11.00 to $13.00 and gave the stock an “outperform” rating in a research report on Friday, February 27th. One equities research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $14.83.

Insider Transactions at Lsb Industries

In other news, SVP Kristy Carver sold 19,550 shares of Lsb Industries stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $9.99, for a total transaction of $195,304.50. Following the sale, the senior vice president directly owned 52,613 shares of the company’s stock, valued at approximately $525,603.87. This trade represents a 27.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Cheryl Maguire sold 7,551 shares of the business’s stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $10.00, for a total value of $75,510.00. Following the sale, the chief financial officer owned 200,719 shares in the company, valued at approximately $2,007,190. This trade represents a 3.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 387,113 shares of company stock worth $3,731,647. Corporate insiders own 4.30% of the company’s stock.

Lsb Industries Company Profile

LSB Industries, Inc (NYSE: LXU) is an Oklahoma City–based manufacturer of chemical products serving the agricultural, industrial and defense markets. The company operates primarily through two segments: Fertilizer Solutions and Commodities Solutions. Through its Fertilizer Solutions segment, LSB produces primary nitrogen products—including anhydrous ammonia and technical-grade ammonium nitrate—that are sold to fertilizer distributors and agricultural retailers across North America. Its Commodities Solutions segment manufactures and sells nitric acid, sodium nitrate and other nitrate-based compounds for industrial applications such as mining, water treatment and specialty chemical production, as well as defense-related formulations used in munitions and pyrotechnics.

Incorporated in 1969, LSB Industries has grown from a single production site to multiple manufacturing facilities strategically located in the central United States.